The VDF applies a hash function, which is a mathematical operation, on the blockchain’s data to get a timestamp. This timestamp is a cryptographic indication that a specific period of time has ...

While the term ‘blockchain‘ gained widespread adoption ... Bitcoin’s Timechain consists of a sequence of blocks, each marked with a timestamp and holding a set of transaction data.

For a layperson, the mention of blockchain can bring to mind complex ... and contain a cryptographic hash of the previous block, a timestamp, and transaction data. To simplify, think of Google ...